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THE IMPACTS OF PRESENT ECONOMIC CRISIS ON EFFICIENCY OF CZECH REAL ESTATE MARKET

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F10%3A10224883" target="_blank" >RIV/61989100:27510/10:10224883 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    THE IMPACTS OF PRESENT ECONOMIC CRISIS ON EFFICIENCY OF CZECH REAL ESTATE MARKET

  • Original language description

    Real estate is one of the essential goods, consuming large share of household expenditure and assets, and a significant part of economic activity. By affecting households' net wealth and their capacity to borrow and spend, as well as profitability and employment in the construction, real estate services and financial service industries,as well as development in house prices can have major macroeconomic implication.This paper will deal with conception of market efficiency in the first part. The efficiency is described by three conditions. The Czech Republic and its real estate market have undergone transformation from planned to market economy, and there have been also several transition-specific factors that influence their dynamics.Some of these factors have increased efficiency of the real estate market. There was a real estate bubble in the Czech Republic two years later.This paper aims to analyse impacts of present economic crisis on decreasing of efficiency of Czech real estate ma

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Others

  • Publication year

    2010

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    International Conference on Applied Financial Economics - Conference Proceedings

  • ISBN

    978-960-466-061-2

  • ISSN

  • e-ISSN

  • Number of pages

    10

  • Pages from-to

  • Publisher name

    National and Kapodistrian University of Athens

  • Place of publication

    Samos

  • Event location

    Samos

  • Event date

    Jul 1, 2010

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article